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Wireless

Smartwatch market to reach USD 10 bln by year-end - Canalys

Thursday 16 March 2017 | 14:14 CET | News
The smartwatch market is expected to reach USD 10 billion by the end of this year, with shipments growing 18 percent year-on-year to 28.5 million, according to the latest study from Canalys. The traditional watch industry will continue to see declines in sales as smartwatch manufacturers release more high-end models. And, as the average selling price of smartwatches climbs, the value of the smartwatch market will reach about two thirds that of the predicted value of the traditional Swiss watch market this year.

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Categories: Mobile & Wireless
Companies: LVMH
Countries: World
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